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A car's price was $20,000 last year. If the inflation rate is 10%, what will be

Practice Questions

Q1
A car's price was $20,000 last year. If the inflation rate is 10%, what will be the price of the car this year?
  1. $21,000
  2. $22,000
  3. $22,500
  4. $23,000

Questions & Step-by-Step Solutions

A car's price was $20,000 last year. If the inflation rate is 10%, what will be the price of the car this year?
No concepts available.
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